Recycling Scrap Metals: Earn Good Bucks in New Jersey – 2024

Recycling Scrap Metals New Jersey State

Scrap metals are valuable materials sourced from discarded items like appliances, vehicles, and construction debris. The types of materials classified as scrap metal include Ferrous metals (iron, steel, cast Iron, stainless steel), Non-Ferrous metals (aluminum, copper, brass, bronze, zinc, lead, tin, nickel), Precious scrap metals (gold, silver, platinum, palladium), and Specialty scrap metals (e-waste, catalytic converters, titanium, tungsten). 

The proper disposal of scrap metals is crucial for environmental health and economic stability. Proper management reduces the need for new raw materials and minimizes the environmental impact of mining and extraction. Recycling scrap metal conserves energy, lowers landfill waste, and decreases greenhouse gas emissions. Using recycled scrap metal in the production process consumes up to 90% less energy than producing metal from raw ore. Scrap metals like aluminum, copper, and steel are continuously in high demand due to their ability to retain properties through repeated recycling cycles.

Selling pieces of machines and industrial scrap provides higher profit margins, increases efficiency in processing and transportation, reduces handling and sorting costs, improves price negotiation power, enhances recycling rates, reduces waste and environmental impact, streamlines inventory management, betters market competitiveness, increases scrap metal value due to bulk quantities, and simplifies transaction processes.

This guide provides you with ways to earn good bucks through recycling scrap metals in New Jersey and includes information on various types of scrap metals, their benefits, and everything in between to help you dispose of scrap metal properly and beneficially.

Table of Contents

What is scrap metal?

Scrap metal refers to discarded or leftover metal materials that can be recycled and reprocessed into new products. Scrap metals include a variety of metals such as iron, steel, copper, aluminum, and brass which are sourced from old machinery, construction debris, or appliances.

Scrap metal recycling reduces waste and conserves natural resources. Instead of sending metal items to landfills, scrap metals are collected, sorted, and melted down for reuse in manufacturing. The recycling industry relies on scrap metal for environmental and economic benefits as recycling scrap metal reduces the need for mining, lowers greenhouse gas emissions, and provides raw materials for a wide range of industries from construction to automotive production.

What types of materials are classified as scrap metal?

The types of materials classified as scrap metal include Ferrous metals (iron, steel, cast Iron, stainless steel), Non-Ferrous metals (aluminum, copper, brass, bronze, zinc, lead, tin, nickel), Precious scrap metals (gold, silver, platinum, palladium), and Specialty scrap metals (e-waste, catalytic converters, titanium, tungsten). 

Following is the detail of each type of material classified as scrap metal:

Ferrous metals

Ferrous metals contain iron which makes them magnetic and prone to rusting, except for stainless steel. Ferrous metals are commonly found in construction materials, automotive parts, and heavy machinery. Due to their widespread use and recyclability, ferrous metals play a key role in producing new steel and other iron-based products that contribute to resource conservation.

Ferrous metal includes the following types:

  • Iron
    Iron scrap is generated from construction, demolition, and manufacturing processes. Iron is highly magnetic and recycled to create new products which reduces the need for raw iron extraction. Being abundant and relatively inexpensive, iron scrap is commonly reused in steel production.
  • Steel
    Steel scrap is one of the most recycled materials due to its versatility and strength and is widely used in construction, automotive, and manufacturing industries, sourced from old structures, vehicles, and industrial machinery. Steel is continuously recyclable without losing its properties.
  • Cast Iron
    Cast iron scrap comes from older machinery, pipes, and heavy construction materials, known for its durability and rigidity. Unlike regular iron, cast iron has a higher carbon content which makes it more brittle and less ductile. Cast iron is commonly melted down and recycled for new castings or blended with other metals to produce different alloys.
  • Stainless steel
    Stainless steel scrap is valuable due to its resistance to corrosion and high chromium content. Stainless steel is generated from industries like food processing, medical equipment, and construction. Stainless steel scrap is highly sought after for recycling because of its durability and ability to maintain quality through multiple recycling cycles.

Non-ferrous metals

Non-ferrous metals are non-magnetic and highly resistant to corrosion as they do not contain iron. Common examples include aluminum, copper, brass, bronze, lead, tin, nickel, and zinc which are valued for their conductivity, lightweight properties, and recyclability. 

Non-ferrous metals include the following types:

  • Aluminum
    Aluminum scrap is lightweight, corrosion-resistant, and highly recyclable and is one of the most sought-after non-ferrous metals. Commonly sourced from packaging, automotive parts, and construction materials, aluminum is reused without losing its properties. Recycling aluminum saves significant energy compared to producing new aluminum from raw bauxite ore.
  • Copper
    Copper scrap is highly valued for its excellent electrical and thermal conductivity and is essential in electrical wiring, plumbing, and electronic components. Commonly sourced from old wiring, pipes, and appliances, copper is easily recycled. The demand for copper scrap remains high due to its critical role in renewable energy and electronic applications.
  • Brass
    Brass scrap, an alloy of copper and zinc is commonly found in plumbing fixtures, musical instruments, and decorative items. Known for its corrosion resistance and attractive appearance, brass is recycled to produce new fittings and components. The recycling process helps conserve natural resources while maintaining the quality of the material.
  • Bronze
    Bronze scrap, primarily composed of copper and tin is valued for its strength and resistance to corrosion and wear. Recycling bronze helps reduce waste and allows for the production of new bronze alloys with desirable properties.
  • Zinc
    Zinc scrap is generated from galvanization processes and is widely used to protect steel from corrosion. Zinc is sourced from scrap metal products, roofing materials, and automotive parts. Recycling zinc is environmentally beneficial as it conserves natural resources and reduces energy consumption in production.
  • Lead
    Lead scrap is derived from batteries, radiation shielding, and soldering materials. Despite its toxic properties, recycled lead is essential for producing new batteries and other applications, ensuring responsible handling and disposal. The recycling of lead helps minimize environmental impact and conserves valuable resources.
  • Tin
    Tin scrap is primarily generated from tin-plated steel products and soldering applications. While relatively rare, tin is valuable for its corrosion resistance and is recycled to create new alloys or coatings. Recycling tin helps reduce the need for raw material extraction and supports sustainable practices.
  • Nickel
    Nickel scrap is highly sought after due to its resistance to corrosion and heat. Nickel is sourced from industrial applications such as batteries and chemical processing equipment. Recycling nickel conserves natural resources and maintains the quality and properties of the metal.

Precious Scrap metals

Precious scrap metals are high-value metals commonly recovered from electronics, jewelry, and industrial materials. Precious scrap metals are prized for their rarity, durability, and conductivity. Recycling precious metals helps conserve these limited resources and reduces the environmental impact of mining.

Precious Scrap metals include the following types:

  • Gold
    Gold is highly valued for its rarity, conductivity, and resistance to corrosion. Gold is found in scrap materials like circuit boards, old jewelry, and dental fillings. Recycling gold helps recover valuable resources of gold and reduces the need for new mining operations.
  • Silver
    Silver is widely used in electronics, photography and jewelry due to its excellent conductivity and antimicrobial properties. Recycling silver is crucial for sustainability as it is a finite resource with high industrial demand.
  • Platinum
    Platinum is a rare metal mainly used in catalytic converters, medical equipment, and jewelry due to its durability and resistance to high temperatures. Platinum metal is found in automotive parts and some electronics. Recycling platinum helps supply industries with this critical metal while reducing environmental strain from mining.
  • Palladium
    Palladium is used extensively in electronics, catalytic converters, and dental materials due to its ability to absorb hydrogen and resist corrosion. Palladium is commonly found in scrap from vehicles, electronics, and dental crowns. Recycling Palladium aids in meeting industrial demands without excessive mining, benefiting both the economy and the environment.

Specialty Scrap Metal

Specialty scrap metal refers to metals that have specific industrial uses and are recovered from specialized equipment or products. The specialty metals are more valuable and harder to process than common metals like steel or aluminum. Recycling specialty scrap metals helps conserve rare resources and supports advanced industries like aerospace and electronics.

Specialty scrap metals include the following types:

  • Electronic waste (e-waste)
    E-waste consists of discarded electronic devices such as computers, smartphones, and televisions which contain valuable metals like gold, silver, copper, and rare earth elements. Recycling e-waste prevents toxic materials from polluting the environment and allows the recovery of valuable metals.
  • Catalytic Converters
    Catalytic converters found in vehicles contain precious metals like platinum, palladium, and rhodium which help reduce harmful emissions. When these parts are scrapped, they become a valuable source of rare metals. Recycling catalytic converters is profitable and supports cleaner production by reclaiming these essential materials.
  • Titanium
    Titanium is a strong, lightweight metal commonly used in aerospace, medical implants, and high-performance sports equipment due to its corrosion resistance and high strength-to-weight ratio. Scrap titanium is valuable because it is recycled into new products without losing its properties. The recycling process of titanium reduces the need for mining and processing new titanium.
  • Tungsten
    Tungsten is a dense and heat-resistant metal used in industrial machinery, tools, and electrical applications like lightbulb filaments. Tungsten is highly valued for its hardness and ability to withstand extreme temperatures. Recycling tungsten from scrap materials reduces dependence on mining and helps supply industries that require its unique properties.

Can I Sell Pieces of Machines & Industrial Scrap?

Yes, you can sell machine parts and industrial scrap in New Jersey. Many scrap yards and recycling centers accept metals from machines, equipment, and industrial sources and offer competitive rates based on material type and current market prices.

How Do I Get Rid of Scrap Metal?

To get rid of scrap metal in New Jersey, take it to a local scrap yard or recycling center. Some facilities offer cash for scrap metals like aluminum, copper, and steel. Check local regulations and collection services for larger items.

Can I Sell Scrap Metal?

Yes, you can sell scrap metal. Many recycling centers and scrap yards purchase metals like steel, copper, aluminum, and precious metals. The price varies based on metal type, weight, and market demand.

What are the Benefits of Selling Pieces of Machines & Industrial Scrap?

The benefits of selling pieces of machines and industrial scrap include higher profit margins, increased efficiency in processing and transportation, reduced handling and sorting costs, improved price negotiation power, enhanced recycling rates, reduced waste and environmental impact, streamlined inventory management, better market competitiveness, increased scrap metal value due to bulk quantities, and simplified transaction processes.

Here is the detail of each benefit of selling pieces of machines and industrial scrap:

Higher profit margins

Selling industrial scrap and machine parts generates higher profit margins by converting waste into a revenue stream. Instead of letting unused parts accumulate, selling scrap allows companies to recoup some of their initial investment. The additional revenue improves profitability.

Increased efficiency in processing and transportation

Regularly selling scrap ensures that machinery and material flow remain streamlined which reduces the time spent handling obsolete items. Efficient transportation of bulk scrap reduces costs associated with moving smaller loads which results in better resource management and operational productivity.

Reduced handling and sorting costs

By selling scrap metal in organized batches, the need for constant handling and sorting of unused items is minimized. Reduction in handling costs reduces labor and storage costs and frees up resources for core manufacturing processes.

Improved price negotiation power

Selling scrap in bulk quantities improves price negotiation with scrap dealers as larger amounts yield better prices. Businesses leverage their consistent scrap sales to secure more favorable terms which ensures higher returns for the company.

Enhanced recycling rates

Selling scrap supports higher recycling rates as metal and machine parts are returned to the supply chain for reuse. Recycling reduces the demand for new raw materials and promotes sustainable manufacturing. Increased recycling supports a circular economy.

Reduced waste and environmental impact

Regularly selling scrap minimizes the amount of waste that will end up in landfills or storage. Selling scraps reduces the environmental footprint of manufacturing operations by lowering waste disposal and material extraction. 

Streamlined inventory management

Selling off unused machines and scrap metal helps streamline inventory management and keep storage areas clear of unnecessary items which makes tracking and managing active resources more efficient. 

Better market competitiveness

Companies that sell scrap efficiently offer more competitive prices on their core products by lowering waste and increasing profitability which strengthens the market position of companies by optimizing resource use. 

Increased scrap metal value due to bulk quantities

Scrap metal sold in bulk commands higher prices as buyers prefer larger quantities for processing. Bulk sales simplify logistics and provide better returns compared to smaller, fragmented transactions which increases scrap value for sellers.

Simplified transaction processes

Selling scrap metal regularly allows for more straightforward and standardized transaction processes. Relationships with scrap buyers become more established, leading to quicker and smoother sales. 

Does recycling scrap metal support a circular economy?

Yes, recycling scrap metal supports a circular economy by reducing the need for raw materials, minimizing waste, conserving energy, and lowering carbon emissions. Recycling scrap enables metals to be reused continuously, promoting sustainability and resource efficiency.

What metals used in machining can be recycled?

Metals used in machining that can be recycled include steel, aluminum, copper, brass, titanium, and stainless steel. The metals used in machining are recovered due to their high value, durability, and reusability in various industrial and commercial applications.

Where can I recycle scrap metal near me?

To recycle scrap metal near you, check local scrap yards, recycling centers, and industrial processors. Websites like Earth911, iScrap App, or your city’s waste management department help you find nearby facilities based on your location or zip code.

How do scrap metal facilities sort and process raw scrap?

Scrap metal facilities sort and process raw scrap by first separating metals using magnets for ferrous metals and other techniques for non-ferrous metals. Facilities then shred, cut, or compress the materials before melting them down for recycling and resale.

Where can I find scrap metal recycling in New Jersey?

In New Jersey, you can find scrap metal recycling facilities throughout the state. Websites like Earth911 or the Recycling Coalition of New Jersey can help locate nearby facilities based on your zip code.

How to Recycle Scrap Metals in New Jersey?

To recycle scrap metals in New Jersey, follow these steps:

  • Find certified scrap yards or recycling centers in your area.
  • Separate metals by type, such as aluminum, copper, brass, and steel.
  • Remove any non-metal attachments, clean the metals, and cut large pieces if necessary.
  • Take your sorted metals to the scrap yard for weighing and valuation.
  • Provide ID and any required documentation as some yards have regulations for specific metals.
  • Get paid based on metal type, weight, and current market rates.
  • Always ensure compliance with New Jersey’s recycling guidelines and regulations.

What scrap metal can be recycled in New Jersey?

In New Jersey, recyclable scrap metals include aluminum cans, copper pipes, brass fixtures, stainless steel appliances, lead batteries, and various ferrous metals like steel and iron. The recyclable materials can be collected and sold to scrap yards for cash.

What are the current scrap metal prices in New Jersey?

As of 2024, scrap metal prices in New Jersey vary by type. Copper ranges from $3.00 to $4.00 per pound, aluminum is between $0.60 and $1.50 per pound, and steel prices range from $0.10 to $0.20 per pound.

How Bin Drop Can Help in Recycling Scrap Metal?

Bin Drop Waste Services offers convenient dumpster rental services in New Jersey that make recycling scrap metal easier and more efficient for residential and commercial projects. With their service, you have a dumpster delivered directly to your location and allows you to collect and store scrap metal as you work. 

With Bin Drop, customers have access to a range of dumpster sizes which makes it easy to choose the right option for their needs. Following are the dumpster sizes offered by Bin Drop:

  • 10-Yard Dumpster

Dimensions of the 10-yard dumpster are approximately 10 feet long x 7.5 feet wide x 3.5 feet high. A 10-yard dumpster is best for small-scale projects such as home renovations, metal furniture removal, or clearing out garages. 

  • 20-Yard Dumpster

Dimensions of the 20-yard dumpster are approximately 22 feet long x 7.5 feet wide x 4.5 feet high. A 20-yard dumpster is best for medium-sized projects like kitchen remodels, roofing jobs, or light construction work. 

  • 30-Yard Dumpster

Dimensions of the 20-yard dumpster are 22 feet long x 7.5 feet wide x 6 feet high. A 20-yard dumpster is best for large renovation projects or cleanouts that produce a significant amount of scrap metal such as siding, window replacements, or large appliances.

  • 40-Yard Dumpster

Dimensions of the 20-yard dumpster are 22 feet long x 7.5 feet wide x 8 feet high. A 20-yard dumpster is best for major construction projects, industrial cleanups, or commercial site clear-outs. 

What’s the highest paying scrap metal right now?

Copper is currently the highest-paying scrap metal due to its high demand and extensive use in electrical components and construction. Expect to earn $3.50–$4.00 per pound in 2024

What state pays the most for scrap metal?

California pays the most for scrap metal due to its higher cost of living, strong recycling industry, and high demand for metal. Prices vary based on metal type, location, and market conditions.

How Do I Start Recycling Scrap Metal for Money?

To start recycling scrap metal for money, collect scrap metals like aluminum, copper, and steel from homes or businesses. Then, find local recycling centers in New Jersey offering competitive prices and sell your scrap for cash. Ensure you separate metals by type for higher payouts and check local regulations on scrap metal recycling.

What are the Best Tips for Profitable Scrap Metal Recycling?

Best tips for profitable scrap metal recycling include:

  • Research local scrap yards for the best rates.
  • Sort metals by type and purity.
  • Focus on high-value metals like copper and aluminum.
  • Clean and strip materials to maximize value.
  • Know market prices and establish relationships with buyers to increase profitability.

How Can I Sell Scrap Metal?

To sell scrap metal, gather and sort the metal by type (e.g., copper, aluminum, steel). Take it to a local scrap yard or recycling center, where they’ll weigh and price it based on current market rates.

Where can I Find Metal Scrap Yards Near Me?

You can find metal scrap yards near you in New Jersey using Google Maps or online directories like ScrapMonster and RecyclingCenters. Search using keywords like “scrap metal yards near me” for accurate and nearby locations

What Types of Metals are in the Highest Demand?

The types of metals in highest demand include copper, aluminum, steel, brass, and stainless steel. Copper offers the best payout due to its extensive use in electrical applications, followed by aluminum and steel which are sought after for construction and automotive industries.

What Mistakes to Avoid When Recycling Scrap Metal for Money?

Avoid misidentifying metal types, neglecting safety gear, ignoring fluctuating market prices, not researching reputable yards, and forgetting to clean or separate metals. Avoid these mistakes to prevent reducing your profit or resulting in rejection at recycling facilities.

How Can Metals be Recycled?

Metals can be recycled by collecting, sorting, and processing them to remove impurities before melting and reshaping them into new products. The recycling process conserves resources, reduces energy consumption, and minimizes the environmental impact of mining.

Different metals like aluminum, copper, and steel are separated using advanced machinery. After sorting, they are shredded or compressed for easier handling before being melted down in furnaces. The molten metal is then cast into bars or sheets for reuse.

Where Can I Take My Scrap Metal Recycling and Selling?

You can take your scrap metal to local recycling centers, scrap yards, or metal recycling facilities. Many of these locations buy scrap metal by weight. Check for nearby facilities or collection programs in your area for recycling and selling.

For a complete list of local scrap yards and their pricing, consider visiting their official websites or contacting them directly to ensure they meet your recycling needs.

Does Metal Go in the Trash or Recycling?

Metal should go in recycling. Most metals including aluminum, steel, and copper are recyclable and can be processed into new products. Disposing of metal in recycling helps conserve resources and reduce environmental impact

Can I Throw Metal in the Garbage?

No, you can not throw metal in the garbage. Metals are recyclable and can be harmful to the environment if disposed of improperly. Instead of throwing metal in the garbage, take them to a local recycling center or scrap metal yard for proper handling.

What is a Scrap Metal Container and How can I Obtain One?

A scrap metal container is a large bin used to collect and store scrap metals for recycling. To obtain one, contact local scrap yards or recycling facilities in New Jersey which provide containers for rent or purchase.

What Types of Scrap Metal are Generated During the Manufacturing Process?

The types of scrap metal generated during manufacturing includes steel, aluminum, copper, brass, iron, tin, zinc, nickel, titanium, stainless steel, metallic dust, fines, turnings, and borings.

Following is the detail of each type of scrap metal generated during the manufacturing process: 

  • Steel Scrap

Generated from cutting, shaping, or assembling processes, steel scrap is highly recyclable and commonly reused in producing new steel. Steel scrap comes from carbon and alloy steels which are widely used in manufacturing.

  • Aluminum Scrap

Produced from machining, casting, and extrusion operations, aluminum scrap is lightweight, corrosion-resistant, and easily recycled. Common sources include automotive, aerospace, and packaging industries.

  • Copper Scrap

Derived from electrical wiring, plumbing, and industrial machinery, copper scrap is valuable due to its high conductivity and corrosion resistance. Copper scrap is collected and reused in electronics and power transmission.

  • Brass Scrap

A combination of copper and zinc, brass scrap is produced during the manufacturing of fittings, fixtures, and hardware. Brass scrap is prized for its durability and resistance to tarnish which make brass useful for plumbing and decorative items.

  • Iron Scrap

Iron scrap comes from cutting, welding, and shaping processes in the construction and automotive sectors. Due to its abundance and magnetic properties, iron scrap is recycled to make new iron products or steel.

  • Tin Scrap

Tin scrap is a byproduct of tin-plated steel manufacturing or soldering processes. Although relatively rare, tin scrap is collected for reuse in coatings, solder, and tin alloys.

  • Zinc Scrap

Generated from die-casting or galvanizing processes, zinc scrap is used in the protection of steel from corrosion. Zinc Scrap is widely recycled in manufacturing new zinc products and for galvanization.

  • Nickel Scrap

Nickel scrap is created in the production of stainless steel, batteries, and aerospace components. Resistance to heat and corrosion of nickel makes it valuable for high-performance alloys.

  • Titanium Scrap

Typically produced during the fabrication of aerospace, medical, and industrial components, titanium scrap is lightweight and corrosion-resistant. It is often recycled due to the high cost of titanium production.

  • Stainless Steel Scrap

Derived from manufacturing processes in the food, medical, and construction industries, stainless steel scrap contains chromium, making it resistant to corrosion. Stainless steel is commonly recycled to make new stainless steel products.

  • Metallic Dust and Fines

Generated from grinding, polishing, and sanding processes, metallic dust and fines are small particles of metal. Although challenging to recycle, metallic dust and fines are collected and reused in specific applications.

  • Turnings and Borings

Created as a byproduct of machining operations, turnings and borings are thin and spiral metal shavings. Turnings and borings are collected for melting and recycling in new metal production.

Related Content

Need of Dumpster
10 Signs You Should Rent a Dumpster

Home Renting a dumpster is important for efficient waste management during projects like home renovations, major cleanouts, or construction work. Dumpsters provide a centralized location

Call Now